Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Skjern Bank ASLTS:0G19 +0.64%60 Return-on-Tangible-Equity is 14.87% as of Mar. 2026, which is 7% above its 10-year median of 13.87. GuruFocus rates LTS:0G19 with a GF Score™ of 60/100 and a GF Value™ of kr219.78 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,518 Banks companies, Skjern Bank AS ranks better than 64.1% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Skjern Bank AS's annualized net income for the quarter that ended in Mar. 2026 was kr297.5 Mil. Skjern Bank AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr2,000.5 Mil. Therefore, Skjern Bank AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.87%.
The historical rank and industry rank for Skjern Bank AS's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0G19'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.83 Med: 13.87 Max: 17.49
Current: 13.65
During the past 13 years, Skjern Bank AS's highest Return-on-Tangible-Equity was 17.49%. The lowest was 10.83%. And the median was 13.87%.
LTS:0G19's Return-on-Tangible-Equity is ranked better than 64.1% of 1518
companies
in the Banks industry
Industry Median: 11.475
vs LTS:0G19: 13.65
Skjern Bank AS (LTS:0G19) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Skjern Bank AS Return-on-Tangible-Equity Related Terms
Skjern Bank AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Skjern Bank AS's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Skjern Bank AS Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Skjern Bank AS's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Skjern Bank AS Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Skjern Bank AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Skjern Bank AS's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 14.87% mean?
Skjern Bank AS (LTS:0G19) has a Return-on-Tangible-Equity of 14.87% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Skjern Bank AS and its competitors. This is near median its historical median of 13.87. Over the past decade, Skjern Bank AS's Return-on-Tangible-Equity has ranged from 10.83 to 17.49. According to the industry distribution chart, Skjern Bank AS ranks #545 out of 1518 companies in the Banks industry, placing it in the top 35.9%.
Is Skjern Bank AS's Return-on-Tangible-Equity too high?
Skjern Bank AS's current Return-on-Tangible-Equity of 14.87% is near median its 10-year median of 13.87. Over the past 10 years, this metric has ranged from a low of 10.83 to a high of 17.49. The Banks industry median Return-on-Tangible-Equity is 11.48. Skjern Bank AS's value of 14.87% is 29.6% above this industry median. Based on the distribution chart, Skjern Bank AS ranks #545 out of 1518 companies in the Banks industry, which is above the industry midpoint. Overall, Skjern Bank AS has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skjern Bank AS's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Skjern Bank AS ranks #545 out of 1518 companies for Return-on-Tangible-Equity. This puts Skjern Bank AS in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.48. Skjern Bank AS's value of 14.87% is 29.6% above this benchmark. Historically, Skjern Bank AS's own Return-on-Tangible-Equity has ranged from 10.83 to 17.49 over the past decade. While the company's 10-year median is 13.87 vs. the industry median of 11.48, Skjern Bank AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.48, based on 1,518 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Skjern Bank AS's current Return-on-Tangible-Equity of 14.87% is 29.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Skjern Bank AS and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skjern Bank AS's current Return-on-Tangible-Equity is 14.87%, which is near median its own 10-year median of 13.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skjern Bank AS stock overvalued right now?
Based on GuruFocus' analysis, Skjern Bank AS (LTS:0G19) is currently considered Significantly Overvalued. The stock's GF Value™ is kr219.78, compared to a current price of kr393.25 — trading 78.9% above its estimated fair value. The current Return-on-Tangible-Equity is 14.87%, which is near median its 10-year median of 13.87 and 29.6% above the Banks industry median of 11.48. Skjern Bank AS's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Skjern Bank AS (LTS:0G19), the current Return-on-Tangible-Equity is 14.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Skjern Bank AS (LTS:0G19) Overvalued in 2026?
Based on GuruFocus' analysis, Skjern Bank AS stock appears to be overvalued.
The current stock price of kr393.25 is trading 78.9% above its estimated GF Value™ of kr219.78.
GuruFocus considers Skjern Bank AS to be Significantly Overvalued.
Key valuation signals for LTS:0G19:
Return-on-Tangible-Equity: 14.87% (near median its 10-year median of 13.87)
GF Value™: kr219.78 vs. price of kr393.25 (78.9% above fair value)
Industry Position: 29.6% above the Banks median (#545 of 1518)
No single metric tells the full story. See the LTS:0G19 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skjern Bank AS provides various financial services to private customers, corporate and institutional customers, and public companies in Denmark. It offers its customers a full product range combined with professional consultancy services that include credit cards, savings accounts, financing, loans, pension funds, personal and travel insurance, real estate consulting, leasing and investment services, as well as related advisory services, among others.
60GF Score
Get the complete analysis for LTS:0G19
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0G19 has been successfully added to your 
